Billionaire Elon Musk will lead a ministry under President Trump

US President-elect Donald Trump has just announced more personnel in his upcoming government with the participation of billionaire Elon Musk.

US President-elect Donald Trump has just announced that he will choose billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead the US Department of Government Efficiency.

"Mr. Musk and Mr. Ramaswamy - together, these two great Americans will pave the way for my administration to dismantle government bureaucracy, cut unnecessary regulations, cut wasteful spending, and restructure federal agencies," Trump said, Reuters reported.

Billionaire Elon Musk will lead a ministry under President Trump

Billionaire Elon Musk later shared: "This will shock the entire system and anyone involved in government waste, which is a lot of people!".

A government performance review board is an idea promoted by billionaire Elon Musk and mentioned by Mr Trump during his campaign in September.

Mr. Trump and Mr. Musk

According to Reuters, Mr. Trump said that the work of running the US Government Efficiency Department of Mr. Musk and Mr. Ramaswamy will end before July 4, 2026, so that a smaller and more efficient government will become a gift to the country on the 250th anniversary of the US Declaration of Independence.

Billionaire Musk (53 years old) is the CEO of Tesla and SpaceX, also owns social network X (formerly Twitter). He has spent a lot of time, money and influence to support Mr. Trump in the race for the White House when facing Vice President Kamala Harris.

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As the world's richest person, he has donated at least $118 million to his political action committee. According to Forbes magazine on November 13, billionaire Musk currently has assets worth $308.1 billion, higher than the world's second richest person, billionaire Larry Ellison - founder of Oracle Corporation - with assets of $231.4 billion.

Ramaswamy, 39, founded pharmaceutical company Roivant Sciences in 2014 and is a prominent figure in the biotechnology sector with drug development deals and plans.

In February 2023, Mr. Ramaswamy ran for the Republican nomination for president of the United States, but withdrew in January 2024 after finishing fourth in the Iowa primary. According to Forbes , he has a fortune of $1 billion.

Source: https://thanhnien.vn/ti-phu-elon-musk-se-lanh-dao-mot-bo-duoi-thoi-tong-thong-trump-185241113081159096.htm